question 1

question 2

At the beginning of the current period, Coronado Industries had balances in Accounts Receivable of $204,000 and in Allowance for Doubtful Accounts of $9,180. During the period, it had net credit sales of $816,000 and collections of $778,260. It wrote off as uncollectible accounts recelvable of $7,446. Uncollectible accounts are estimated to total $25,500 at the end of the period. (Omit recording cost of goods sold) (ac) Your answer is partially correct. Enter the besinning balances for Accounts Recelvable and Allowance for Doubtful Accounts in a tabular summary. Use the summary to record transactions (a), (b), and (c) below: (a) Record sales and collections during the period. (b) Record the write-off of uncollectible accounts during the period. (c) Record bad debt expense for the period. (Enter negothe anounts using either a ncpobve itgh precedlng the number es 45 or parentheses eg (45)) Determine the total estimated ancollectibles The total estimated uneollectibles Determine the total estimated uncollectibles. The total estimated uncollectibles eTextbook and Media List of Accounts (b) Indicate the amount to record as bad debtexpense on March 31.2022. At the beginning of the current period, Coronado Industries had balances in Accounts Receivable of $204,000 and in Allowance for Doubtful Accounts of $9,180. During the period, it had net credit sales of $816,000 and collections of $778,260. It wrote off as uncollectible accounts recelvable of $7,446. Uncollectible accounts are estimated to total $25,500 at the end of the period. (Omit recording cost of goods sold) (ac) Your answer is partially correct. Enter the besinning balances for Accounts Recelvable and Allowance for Doubtful Accounts in a tabular summary. Use the summary to record transactions (a), (b), and (c) below: (a) Record sales and collections during the period. (b) Record the write-off of uncollectible accounts during the period. (c) Record bad debt expense for the period. (Enter negothe anounts using either a ncpobve itgh precedlng the number es 45 or parentheses eg (45)) Determine the total estimated ancollectibles The total estimated uneollectibles Determine the total estimated uncollectibles. The total estimated uncollectibles eTextbook and Media List of Accounts (b) Indicate the amount to record as bad debtexpense on March 31.2022